After five months of declining wagering in the Green Mountain State, the streak was finally broken in August when the handle increased 19% from July.
Tag:
Vermont
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Vermont tourism drives mobile sports betting handle with tourists accounting for over 40% of the 52,431 active bettors in January and contributing an average bet size of $37, compared to in-state residents’ $18,
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Vermont is poised to launch online sports betting on January 11, marking the realization of Governor Phil Scott’s signed legislation. Mobile platforms from DraftKings, FanDuel, and Fanatics Sportsbook will operate, offering various promotions. The state projects revenue of up to $7 million in 2024.